News View Non-AMP

What Makes Ripple One of the World’s Biggest Private Companies in 2025?

Published by
Zafar Naik

Ripple has just secured a major spot on the global map. 

The blockchain company is now ranked the 23rd biggest private company in the world, with a valuation of $15 billion, according to CB Insights. That puts it ahead of Klarna and defense-tech firm Anduril and marks a big moment not just for Ripple, but for the crypto industry as a whole.

For a company that spent the last few years in the middle of a legal battle with the SEC, this ranking shows just how far Ripple has come and how much more it’s aiming for.

Here are the details. 

Ripple’s New Rank: What It Really Means

The CB Insights ranking is based on market valuation, and Ripple’s entry into the top 25 is no small feat, especially considering it’s out of a list of 1,276 unicorn companies.

It’s one of the few blockchain firms to make the list, standing above Klarna ($14.5B) and Anduril ($14B), which is backed by Oculus founder Palmer Luckey.

Ripple is best known for its role in powering XRP and cross-border payment solutions. 

But the company has steadily moved beyond that, growing its enterprise products and expanding into global markets. 

The Global List: Who Else Is On It?

Topping the list is SpaceX, with a $350 billion valuation and nearly $948 million in Bitcoin on its books. ByteDance and OpenAI follow close behind, each valued at $300 billion.

Ripple isn’t the only crypto firm on the list. 

OpenSea, Bitmain ($12B), and KuCoin ($10B) also feature. But Ripple leads the pack when it comes to blockchain-based financial infrastructure and that’s what sets it apart.

What’s Driving Ripple’s Strong Position?

Ripple’s rise is a result of a few major developments that have strengthened the company’s foundation. Here’s what’s working in its favor:

  • SEC Case Nears Finale: On May 8, Ripple settled with the SEC for $50 million, requesting the court to lift restrictions and release frozen funds. A final decision is expected around August 15.
  • Ripple Payments Upgrade: What started as a cross-border payments tool has now become a full platform offering tokenized services for enterprises.
  • UAE Expansion: Ripple is moving deeper into the Middle East through new deals with Zand Bank and Mamo, aiming to make cross-border payments faster and more efficient.
  • MiCA License Plans: Ripple has confirmed it will apply for a MiCA license to expand operations across the European Economic Area.
  • U.S. Trust Bank Filing: Ripple has also applied to the U.S. Office of the Comptroller of the Currency to set up a limited-purpose national trust bank. The bank would support Ripple’s RLUSD stablecoin and build out tokenized finance infrastructure.
  • XRP Price Outlook: According to Google’s Gemini model, XRP could hit $4.45 by August 31, backed by strong technical patterns and market momentum.
  • Stablecoin Trust: Ripple’s RLUSD stablecoin was recently ranked the #1 ‘Most Trusted’, a big boost!
  • Community & Transparency: Ripple continues to benefit from a strong and vocal community, backed by a reputation for openness.

So, Will Ripple Go Public?

Not anytime soon. 

Ripple CEO Brad Garlinghouse has ruled out any plans for an Initial Public Offering (IPO) in 2025. Speaking at the CfC St. Moritz conference, a well-known gathering for leaders in blockchain and digital assets, Garlinghouse made it clear that going public isn’t on the table this year.

President Monica Long confirmed that Ripple has “plenty of liquidity” and doesn’t need to raise money through an IPO right now. The focus, for now, is on growth and not going public.

Zafar Naik

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Bitcoin and BNB Hit New ATH; Here Are the Main Reasons Why Crypto is Up Today

On Monday, the crypto market experienced heightened demand from speculative investors. Bitcoin (BTC) price rallied…

October 7, 2025

Chainlink’s Defining Moment—Can LINK Price Smash $25 and Trigger a Major Bull Run to $50?

Chainlink (LINK) price is gaining momentum as Bitcoin’s surge to a new all-time high fuels…

October 7, 2025

Why is Crypto Market Up Today? Ethereum Eyes New ATH, Altcoins Follow

The global cryptocurrency market is climbing once again, with total market capitalization rising 2.23% to…

October 6, 2025

Can XRP Price Really Hit $100? How, Why, and When Explained

The idea of XRP reaching $100 might sound far-fetched, but behind the bold prediction lies…

October 6, 2025

Not Aster or HYPE, PDP Leads the Top Altcoin Predictions for Uptober

As the calendar turns to October, a month often associated with bullish market reversals, investors…

October 6, 2025

Trump Claims “Virtually No Inflation” as Markets Hit Record Highs

Stock markets and crypto are grabbing attention lately, with stocks and Bitcoin hitting new highs…

October 6, 2025